Will history repeat itself?
Chart -> Shakti Pumps Weekly
After making an all-time high in 2018, the stock was in a downtrend and given a symmetrical triangle breakout at the bottom for a giant rally.
The stock becomes 3 times in a short time after the breakout!
This time the same structure has repeated!
After making an all-time high, the stock was in a downtrend and this week gave a symmetrical triangle breakout!
CMP: 547
Targets: 600, 700, 850
SL: 460 weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
After making an all-time high in 2018, the stock was in a downtrend and given a symmetrical triangle breakout at the bottom for a giant rally.
The stock becomes 3 times in a short time after the breakout!
This time the same structure has repeated!
After making an all-time high, the stock was in a downtrend and this week gave a symmetrical triangle breakout!
CMP: 547
Targets: 600, 700, 850
SL: 460 weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
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